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The Behavioral Economist’s POV On Marketing Measurement

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Integrating Experimentation in Marketing

This chapter explores the integration of experimentation into marketing measurement strategies, emphasizing the need for statistical expertise and executive support. It discusses the strengths and limitations of Marketing Mix Models (MMM) and their calibration with experimental results like randomized control trials. Additionally, it addresses the balance between traditional marketing methods and new data insights, while debunking myths about advertising effectiveness, particularly regarding the role of games.

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